It’s expected that property prices are set to soar in western Sydney in 2015. With a number of upcoming infrastructure projects bringing more jobs and greater accessibility to Sydney’s western region, it’s predicted that prices in the inner city suburbs will come to a grinding halt and the west will rise.
The Daily Telegraph interviewed Hotspotting director Terry Ryder who said Sydney’s far southwest will be a leading area of growth in the coming year with Campbelltown and Camden areas leading the way.
Alongside the added value of improved access to transport and newly created jobs in the west, it’s thought that this year’s price rise of 6.5 per cent for the median Sydney home has placed most homebuyers outside of the inner city suburban market.
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